David Ramirez
Pending
$1,750,000$2,100,000$11,009 /mo all-in ↓

MARKHAM WOODS ROAD, LAKE MARY, FL, 32746

Pending358 days on marketListed Aug 8, 2025MLS #O6333832

Reduced $350K

About this home

MARKHAM WOODS ROAD

Prime development opportunity on one of Lake Mary’s most prestigious roads—this 5-acre parcel with direct Markham Woods Road frontage offers the potential to create up to five luxury estate homes. Zoned A-1 with future land use designation of Planned Development (PD), the property is ideally positioned for a high-end residential community, surrounded by multimillion-dollar estates and across from Heathrow Elementary. With limited remaining land in this sought-after corridor, this is a rare chance for investors to deliver a boutique enclave in one of Central Florida’s most desirable markets, just minutes from I-4, top-rated schools, and major employers.

Facts & features

The home at a glance

5.68 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2024)$9,002/yr

Utilities & systems

UtilitiesCable Available · Electrical Nearby · Sewer Nearby · Water Nearby
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$11,009 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,443
PMI (est., until 20% equity)$656
Property tax — 2024 actual bill$750
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $175,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $175,000
Interest rate6.00%
Loan term

Estimated payment

$11,009/mo

Principal & interest$9,443
PMI (est., until 20% equity)$656
Property taxes (actual bill)$750
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Lake Mary

Map of MARKHAM WOODS ROAD

Drive times from this address

Downtown Orlando28 min
Universal Orlando41 min
Orlando Int’l Airport (MCO)48 min
Walt Disney World53 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Lake Mary. See the full Lake Mary guide →

LAKE MARY 32746 — neighborhood snapshot

Population

45,970

Median age

43.8

Median income

$111,534

Median home value

$420,200

Avg household

2.41

Households w/ children

5,472

For the school run

Seminole County School District

ElementaryHeathrow Elementary School★★★★★
MiddleMarkham Woods Middle School★★★★★
HighSeminole High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Lake Mary market

Seller’s marketLeans seller4.3 months of inventoryBuyer’s market

$446K$488K

Lake Mary median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

Median sold price, Lake Mary, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 339% above the LAKE MARY 32746 median. See the full Lake Mary market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,750,000 $350K
Aug 8, 2025Listed at $2,100,000 · 358 days on market since

Reality check

What actually sold near MARKHAM WOODS ROAD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

459 HAMPTONCREST CIRCLE UNIT 203Sold · Sep ’25

$300,000

459 HAMPTONCREST CIRCLE UNIT 203

2 bd · 2.5 ba · 1,163 sqft · $258/sqft · 0 DOM

467 HAMPTONCREST CIRCLE UNIT 203Sold · Jan ’26

$375,000

467 HAMPTONCREST CIRCLE UNIT 203

2 bd · 2 ba · 1,163 sqft · $322/sqft · 141 DOM

467 HAMPTONCREST CIRCLE UNIT 301Sold · Dec ’25

$377,000

467 HAMPTONCREST CIRCLE UNIT 301

3 bd · 2 ba · 1,408 sqft · $268/sqft · 2 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about MARKHAM WOODS ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for MARKHAM WOODS ROAD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

MARKHAM WOODS ROAD FAQs

What would the monthly payment be for MARKHAM WOODS ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,009/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on MARKHAM WOODS ROAD?+

The most recent tax bill on record (2024) was $9,002. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Lake Mary?+

At $1,750,000, this home is listed about 308% above the Lake Mary median of $429,000. The market section on this page shows how the area is trending.

Which schools are assigned to MARKHAM WOODS ROAD?+

Heathrow Elementary School (elementary), Markham Woods Middle School (middle), Seminole High School (high) — Seminole County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$1,750,000 runs 339% above the LAKE MARY 32746 median.

02Time on market is leverage

358 days on market against a Lake Mary median of 42 — sellers in this position are usually ready to negotiate.

03Strong assigned schools

Heathrow Elementary School, Markham Woods Middle School, Seminole High School — Heathrow Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $2,100,000, now $1,750,000 — a $350K cut. The full history is in the market section below.

Listing courtesy of THE AGENCY FL · Brian Hyser. MLS #O6333832.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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MARKHAM WOODS ROAD, LAKE MARY, FL — $1,750,000 | CENTURY 21 Edge